Monthly Archives: September 2020

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200924-49

1. Scrip code : 532508
Name : Jindal Stainless Limited
Subject : Clarification To The News Article Published Today Captioned As ‘SBICAP Trustee Company Acquired 56.17% Stake In Jindal Stainless.
Clarification to the news article published today captioned as ‘SBICAP Trustee Company acquired 56.17% stake in Jindal Stainless.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200923-52

1. Scrip code : 526923
Name : Kumaka Industries Limited
Subject : Withdrawal Of Record Date For Bonus Issue
It is hereby informed that the Record Date of 24th September, 2020 for issue of Bonus Shares is withdrawn.

2. Scrip code : 533470
Name : Rushil Decor Limited
Subject : Pre-Issue Advertisement – Rights Issue
Saffron Capital Advisors Pvt Ltd (“Manager to the Offer”) has submitted to BSE a copy of Pre-Issue Advertisement published on September 18, 2020 for the Rights Issue of Rushil Decor Ltd (“the Company”).

3. Scrip code : 542773
Name : IIFL Securities Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
This is to inform you that the IIFL Securities Limited (‘Company’), further to its present investments in the shares of Giskard Datatech Private Limited (‘Trendlyne’), has agreed to acquire additionalstake of Trendlyne i.e. 6.25% of the share capital on fully diluted basis from one of the existing investor in Trendlyne, pursuant to the terms of the Share Purchase Agreement. Post-acquisition, IIFL Securities Limited shall hold 20.55% of the share capital of Trendlyne on fully diluted basis. Pursuant to this Giskard Datatech Private Limited shall become an Associate of the Company. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/ 4/2015 dated September 09, 2015 are given in ‘Annexure A’ to this letter.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200922-41

1. Scrip code : 531112
Name : Amaze Entertech Limited
Subject : Updates on Open Offer
Systematix Corporate Services Ltd (“Manager to the Offer”) has submitted to BSE a copy of Recommendation of the Committee of Independent Directors (“IDC”) on the Open Offer to the shareholders of Amaze Entertech Ltd (“Target Company”).

2. Scrip code : 505255
Name : GMM Pfaudler Ltd.
Subject : Notice of Offer for Sale of Share by Promoters & Floor Price
Pfaulder Inc., Millars Machinery Company Private Limited and Urmi Patel, (“the Sellers”), being part of the promoter group, propose to sell up to an aggregate of 25,71,429 Equity Shares (“Base Sale Shares” or “Base Offer Size”) held by the Sellers in GMM Pfaudler Ltd (“the Company”), representing approximately 17.59% of the total issued and paid-up equity share capital of the Company (“OFS”) on September 22, 2020 (“T Day”) (for non-Retail Investors only) and on September 23, 2020 (“T+1 Day”) (for Retail Investors and for non-Retail Investors who choose to carry forward their un-allotted bids) with an additional option to additionally sell up to 15,21,671 equity shares representing approximately 10.41% of total paid up equity share capital of the Company (the “Oversubscription Option” and in event the Oversubscription Option is exercised, the Equity Shares forming part of the Base Offer Size and the Oversubscription Option will, collectively represent 40,93,100 equity shares representing approximately 28.00% of the total paid up equity share capital, and will collectively, hereinafter be referred to as “Sale Shares”, but in the event the Oversubscription Option is not exercised, the Equity Shares forming part of the Base Offer Size will hereinafter be referred to as “Sale Shares”) through a separate, designated window of BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE” and together with BSE, the “Stock Exchanges”). Date and time of the Opening and closing of the OFS: For non-Retail Investors on T Day i.e. September 22, 2020 The OFS shall take place on a separate window of the Stock Exchanges on T Day commencing at 9:15 AM and shall close at 3:30 PM (Indian Standard Time) on the same date. Non-Retail Investors who have placed their bids on T Day may indicate their willingness to carry forward their unallocated bids to T+1 Day for allocation to them in the unsubscribed portion of the Retail Category (defined below). Please note that only non-Retail Investors can place their bids on T Day i.e. September 22, 2020. For Retail Investors and for non-Rctail Investors who opt to carry forward their unallocated bids from T Day, the date of opening of the offer would be T+1 Day i.e. September 23, 2020. The OFS shall continue to take place on the separate window of the Stock Exchanges on T+1 Day, commencing at 9:15 AM and shall close at 3:30 PM (Indian Standard Time) on the same date. Please note that only Retail Investors are permitted to place their bids on T+1 Day. Further those non-Retail Investors who had placed their bids on T Day and who opted to carry forward their unallocated bids from T Day to T+1 Day would be allowed to revise their bids on T+1 Day in terms of the SEBI OFS Circulars. Floor Price : The floor price for the OFS has been fixed at Rs. 3,500 (Three thousand five hundred only) per Sale Share (“Floop Price”).

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200921-55

1. Scrip code : 524348
Name : Aarti Drugs Limited
Subject : Record Date For Issue Of Bonus Shares
In continuation of our intimation on outcome of Board Meeting held on August 20, 2020 pertaining to the recommendation of issue of Bonus Shares in the Ratio of 3:1 i.e. 3 (Three) Bonus Equity Share of Rs. 10/- each for 1 (One) fully paid up Equity Share of Rs. 10/- each, and subsequent to the approval of shareholders through Postal Ballot, the Company has fixed Thursday, October 1, 2020 as the ‘Record Date’ to determine the eligible shareholders entitled to receive the Bonus Shares.

2. Scrip code : 533289
Name : Kesar Terminals & Infrastructure Limited
Subject : Merger Of Sharex Dynamic(India) Pvt.Ltd Registrar And Transfer Agent Into Link Intime India Pvt. Ltd.
This is to inform you that we have been informed by our Registrar and Transfer Agent (RTA)i.e. Sharex Dynamic (India) Private Limited that pursuant to order dated 16th July 2020 passed by the Competent Authority, the merger of Sharex Dynamic (India) Private Limited into Link Intime India Private Limited has been approved and that Sharex Dynamic (India) Private Limited has ceased to exist as a separate entity and hereafter, post-merger is known as ‘Link Intime India Pvt Ltd’. (Copy of letter received from Sharex Dynamic (India) Private Limited is enclosed)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200918-42

1. Scrip code : 512529
Name : Sequent Scientific Limited
Subject : Updates on Open Offer
Nomura Financial Advisory and Securities (India) Pvt. Ltd (“Manager to Open Offer”) has submitted to BSE a copy of Post Offer Advertisement under Regulation 18(12) in terms of SEBI (Sustantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended, for the attention of the Public Shareholders of Sequent Scientific Ltd (“Target Company”).

2. Scrip code : 500038
Name : Balrampur Chini Mills Ltd.
Subject : Announcement under Regulation 30 (LODR)-Post Buyback Public Announcement
Pursuant to Regulation 24(vi) of the SEBI (Buy-Back of Securities) Regulations, 2018 (as amended), please find enclosed a copy of the Post Buyback Public Announcement dated 5th August, 2020 published in the newspapers viz. Business Standard (English and Hindi National Daily) and Aajkal (Bengali Daily) on 6th August, 2020.

3. Scrip code : 531599
Name : FDC Ltd.
Subject : Fixes Record Date for Buyback of Equity Shares
FDC Ltd has informed BSE that the Company has fixed August 21, 2020 as the Record Date for the purpose of Buyback of Equity Shares.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200917-41

1. Scrip code : 500043
Name : Bata India Limited
Subject : Announcement Of Scheme Of Amalgamation Between Wholly Owned Subsidiary Companies
Scheme of Amalgamation between wholly owned subsidiary companies

2. Scrip code : 532268
Name : ACCELYA SOLUTIONS INDIA LIMITED
Subject : Announcement under Regulation 30 (LODR)-Open Offer – Updates
Open offer (‘Open Offer’) for acquisition of up to 3,782,966 fully paid-up equity shares of face value of Rs. 10 each, representing 25.34% of the voting share capital of Accelya Solutions India Limited (‘Target Company’) from the public shareholders of the Target Company, by Aurora UK Bidco Limited together with Vista Equity Partners Perennial, L.P., Vista Equity Partners Perennial A. L.P. and Accelya Topco Limited in their capacity as persons acting in concert (‘Acquirer’), under the Securities and Exchange board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (‘SEBI SAST Regulations’).

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200916-50

1. Scrip code : 523558
Name : Network Ltd.
Subject : Updates on Open Offer
Turnaround Corporate Advisors Private Limited (“Manager to Open Offer”) has submitted to BSE a copy of Post-Offer Advertisement in accordance with Regulation 18(12) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (“SEB (SAST) Regulations”) for the attention of the Public Shareholders of Network Ltd (“Target Company”).

2. Scrip code : 506852
Name : Punjab Alkalies & Chemicals Ltd.,
Subject : Updates on Open Offer
Sundae Capital Advisors Private Limited (“Manager to the Offer”) has submitted to BSE a copy of Advertisement in accordance with regulation 18(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) regulations, 2011 and corrigendum to the Detailed Public statement and Letter Of Offer with respect to the Open Offer to the Shareholders of Punjab Alkalies & Chemicals Ltd (“Target Company”).

3. Scrip code : 718685
Name : Reliance Industries Ltd
Subject : Acquisition Of Further Shares Of Alok Industries Limited
This is further to the disclosures dated March 13, 2019 and February 28, 2020 made by the Company. Please note that in accordance with the Resolution Plan, jointly submitted by Reliance Industries Limited (“RIL” or “the Company”) and JM Financial Asset Reconstruction Company Limited acting in its capacity as a Trustee of ‘JMFARC- March 2018 – Trust’- (JMFARC) and approved by National Company Law Tribunal, Ahmedabad Bench, vide its order dated March 8, 2019, under Section 31 of the Insolvency and Bankruptcy Code, 2016, Alok Industries Limited (‘ALOK’) has today allotted: 115,32,00,000 equity shares of the face value of Re. 1/- (Rupee One only) each, fully paid up, to RIL, pursuant to conversion of debt; 160,14,00,000 equity shares of the face value of Re. 1/- (Rupee One only) each, fully paid up, to JMFARC, pursuant to conversion of debt.Pursuant to the aforesaid allotment, holding of RIL and JMFARC in the equity share capital of ALOK has increased to 40.01% and 34.99% respectively.

4. Scrip code : 532815
Name : SMS Pharmaceuticals Ltd
Subject : Clarification Against Various News Items Broadcasted And Circulated Against The Company
In the light of recent news reports in print and electronic media about M/s. Divis Labratories Limited acquiring stake in SMS Pharmaceuticals Limited or its group Companies. We strongly condemn this news. Investors are advised to exercise caution and not to act upon such baseless news and unauthenticated information.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200915-57

1. Scrip code : 539787
Name : HealthCare Global Enterprises Limited
Subject : Updates on Open Offer
JM Financial Ltd (“Manager to the Offer”) has submitted to BSE a copy of Post Offer Advertisement in accordance with Regulation 18(12) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (as amended) (“SEBI (SAST) Regulations”) to the Public Shareholders of HealthCare Global Enterprises Ltd (“Target Company”).

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200914-52

1. Scrip code : 506820
Name : AstraZeneca Pharma India Ltd.
Subject : Announcement under Regulation 30 (LODR)-Dividend Updates
We refer to our letter dated August 10, 2020 wherein the Company had informed that the Interim Dividend declared by the Board of Directors at their meeting held on August 10, 2020 shall be paid on or before September 8, 2020. In this regard, we confirm that the Company has completed dispatch of interim dividends through electronic mode to all those shareholders whose bank accounts were registered with the Company / Depositories. However, with regard to those shareholder whose bank account details are not registered, the physical instruments for the dividends are being dispatched to their registered address. In view of the current COVID-19 pandemic situation, the physical dispatches is taking a slightly longer time than usual. The Company is making best efforts to ensure that that the physical instruments/ DDs are dispatched within best possible timelines.

2. Scrip code : 500325
Name : Reliance Industries Ltd
Subject : Clarification sought from Reliance Industries Ltd
The Exchange has sought clarification from Reliance Industries Ltd on September 10, 2020, with reference to news appeared in Livemint.com dated September 10, 2020 quoting “Reliance Industries offers Amazon $20 billion stake in retail arm” The reply is awaited.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200911-45

1. Scrip code : 535789
Name : INDIABULLS HOUSING FINANCE LIMITED
Subject : Update On Proposed Divestment Of Stake In Oaknorth Bank Ltd
We wish to inform that Indiabulls Housing Finance Limited [‘the Company’] is in the process of exploring various options in connection with the partial divestment of its equity shareholding in OakNorth Bank Ltd, in one or more tranches. The divestment shall result in boosting CRAR and shall free up capital to grow the loan book of the Company. The Company had invested ? 663 crores in November 2015 for a 40% stake in the bank. Within two years of this, in November 2017, the Company recouped its investment by selling ~10% of the bank to Government of Singapore owned investment arm GIC for ? 770 crores. Founded in 2015 to address the mid-market funding gap in the UK, a highly competitive and regulated market, OakNorth Bank became profitable in just 11 months, and within four years of operations has grown its deposits to just under £ 3 billion and its loan book to over £ 4 billion.